EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Alliant Energy to Install More Wind Farms in Iowa

LCG, April 19, 2018--Alliant Energy's Iowa utility subsidiary, Interstate Power and Light Company (IPL), received approval to increase its wind expansion program from the Iowa Utilities Board (IUB). Through this expansion, combined with existing wind farms and market purchases, the company expects wind to provide approximately one-third of its total electric generating capacity in Iowa by the end of 2020.

Read more

Wyoming Commission Approves Settlement Agreement for PacifiCorp Wind Expansion

LCG, April 18, 2018--The The Wyoming Public Service Commission last Thursday approved a settlement agreement between PacifiCorp, the Wyoming Industrial Energy Consumers, the Wyoming Office of Consumer Advocate and the Interwest Energy Alliance on the new wind and transmission portions of PacifiCorp's Energy Vision 2020 proposal. The commission also approved the Certificates of Public Convenience and Necessity (CPCNs) that are needed for construction of the Wyoming-based wind and transmission projects. Pending approval from other state commissions, acquisition of rights of way, and receipt of permits, construction on the wind and transmission projects is expected to start in 2019.

Read more

Press Release

LCG Consulting is to release comprehensive 2015 CAISO CRR auction values just prior to auction



LCG, August 1, 2014--LCG Consulting of Los Altos, California is to release California ISO (CAISO) Congestion Revenue Rights (CRR) Annual Auction results prior to the Tier 1 nomination window close on September 18, 2014.

Congestion revenue rights are financial instruments used by entities in the CAISO markets, primarily, to hedge against congestion costs in the CAISO day-ahead market. CRRs are mainly obtained through CRR allocations and CRR auctions. LCG will forecast the expected value of all CRR biddable locations over the peak and off-peak periods of 2015. LCG has produced forecasts, for several existing clients in California, prior to the Monthly CRR Auction Tier 1 Nominations for eight consecutive auctions in partnership with Power Market Consulting, Inc. (PMCI) who provides distribution and additional analytics. Henry Shin, President of PMCI reflected on LCG's offering saying, "LCG’s forward-looking analytics complement our historical analytics and provide a comprehensive set of analytics customized for our CRR clients. In addition to CRR analytics, LCG staff has provided very timely and relevant market insights to our CRR clients by explaining the price and congestion drivers in the CAISO market."

To develop the CRR forecasts, LCG Consulting uses its UPLAN Network Power Model (UPLAN-NPM) to forecast prices based upon frequent updates of the most current market information obtained from a multitude of sources. The database updates reflect revised forecasts of fuel prices, load or wind generation; new announcements regarding transmission or generator outages (or the return to service); the retirement of generators; and the commencement of commercial operation of newly installed generators. Please contact LCG at info@energyonline.com for the auction forecasts.

UPLAN-NPM simulates the electricity market using Security-Constrained Unit Commitment (SCUC) and Security-Constrained Economic Dispatch (SCED), with a full (AC or DC) network transmission model and projects hourly Locational Market Prices (LMP). It performs coordinated marginal (opportunity) cost-based energy and ancillary service procurement, congestion management, full-fledged contingency analysis using SCUC and Reliability (or Residual) Unit Commitment (RUC) and SCED similar to those used by most market operators in the country, including CAISO. Information regarding UPLAN-NPM is available at http://energyonline.com/Products/UPlane.aspx


Copyright © 2018 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketWatch
Monthly summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service